CA Inc. (NASDAQ:CA) declared a quarterly dividend on Wednesday, August 9th, RTT News reports. Investors of record on Thursday, August 24th will be given a dividend of 0.255 per share by the technology company on Tuesday, September 12th. This represents a $1.02 dividend on an annualized basis and a yield of 3.13%.

Shares of CA (NASDAQ:CA) traded up 1.02% during mid-day trading on Wednesday, reaching $32.55. The company’s stock had a trading volume of 3,356,785 shares. CA has a 1-year low of $30.01 and a 1-year high of $36.54. The firm’s 50 day moving average price is $33.67 and its 200-day moving average price is $32.43. The company has a market capitalization of $13.51 billion, a price-to-earnings ratio of 18.08 and a beta of 0.86.

CA (NASDAQ:CA) last announced its earnings results on Wednesday, August 2nd. The technology company reported $0.61 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.06. CA had a net margin of 18.59% and a return on equity of 16.54%. The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the business earned $0.64 earnings per share. CA’s revenue was up 2.6% compared to the same quarter last year. On average, analysts predict that CA will post $2.45 EPS for the current year.

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A number of brokerages have weighed in on CA. Barclays PLC reiterated an “equal weight” rating and issued a $36.00 price target (up previously from $35.00) on shares of CA in a report on Wednesday. BidaskClub upgraded shares of CA from a “strong sell” rating to a “sell” rating in a report on Wednesday. Citigroup Inc. reiterated a “neutral” rating and issued a $34.00 price target (up previously from $33.00) on shares of CA in a report on Sunday, May 14th. Mizuho reiterated a “hold” rating and issued a $34.00 price target on shares of CA in a report on Friday, July 28th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $38.00 price target on shares of CA in a report on Sunday, May 14th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. CA presently has an average rating of “Hold” and an average price target of $35.09.

In related news, insider Ayman Sayed sold 30,194 shares of CA stock in a transaction on Wednesday, June 21st. The shares were sold at an average price of $35.62, for a total transaction of $1,075,510.28. Following the transaction, the insider now owns 168,455 shares in the company, valued at approximately $6,000,367.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.90% of the company’s stock.

About CA

CA, Inc (CA) is engaged in providing software solutions enabling customers to plan, develop, manage and secure applications and enterprise environments across distributed, cloud, mobile and mainframe platforms. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services.

Dividend History for CA (NASDAQ:CA)

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